The Olympia-Tumwater, WA Metro Area is a vibrant and diverse community located in the Northwest of Washington State. It is known for its beautiful scenery and numerous outdoor activities. The area boasts several major employers such as Fortune 500 retailer Walmart, Providence Health & Services and Providence St. Peter Hospital, Department of Defense contractor Pacific Northwest Aerospace LLC, and O Bee Credit Union. Rent for two-bedroom apartments in the area averages around $1,460 per month which is slightly higher than the US average of $1,430. The Grocery Cost Index in Olympia-Tumwater is 101 versus 100 in the US. In addition to these great employers, there are many small businesses that contribute to the economy and lifestyle of the region such as local restaurants, independent boutiques, craft breweries, wineries and more.
Olympia-Lacey-Tumwater Metro Area has an unemployment rate of 5.9%. The US average is 6.0%.
Olympia-Lacey-Tumwater Metro Area has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 42.7%, which is higher than the US average of 33.5%.
Tax Rates for Olympia-Lacey-Tumwater Metro Area
- The Sales Tax Rate for Olympia-Lacey-Tumwater Metro Area is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Olympia-Lacey-Tumwater Metro Area is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Olympia-Lacey-Tumwater Metro Area
- The average income of a Olympia-Lacey-Tumwater Metro Area resident is $29,909 a year. The US average is $28,555 a year.
- The Median household income of a Olympia-Lacey-Tumwater Metro Area resident is $81,501 a year. The US average is $69,021 a year.